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5/21/2024 - Facilities Construction Estimating

Upgrading existing, often occupied buildings can pose difficult estimating problems. Complete plans and specifications are rarely available. Learn the correct methodology for generating accurate, reliable project costs using both unit price and assemblies methods.

Seminar Details
5/21/24 to 5/23/24
Virtual | Class Time: 12 p.m. to 4 p.m. EST


  • Learn how to identify potential problems and provide estimating solutions to building alterations
  • Receive step-by-step procedures for factoring in minimum labor costs, accurate productivity estimates and allowances for typical project contingencies
  • Understand estimating considerations such as size of project, labor-hours, building code compliance and purchasing materials in smaller quantities
  • Learn where the costs come from and how they can be applied in specific situations
  • Understand how to quickly and accurately navigate the layout of RSMeans data sets and publications

What Will Be Covered

  • How the data is built and where to find specific information
  • The estimating process and the importance of each step in the process
  • The value of the Reference Section
  • Renovation estimating challenges and how to avoid common errors that defeat an estimate
  • How to close the gap between the budget estimate and the contractor’s bid
  • How context and process scopes affect the estimates
  • Evaluation of the structure; defining the start and finish of the scope
  • Overhead costs for a construction company and development of contractors’ billing rates
  • Unit price renovation estimates – job orientation, sources of cost information and pricing the estimate
  • Using and modifying assemblies for renovation estimating

Materials Included (delivered to attendee prior to class start date)

  • Facilities Construction Cost Data Book
  • Facilities Estimating Workbook

Who Should Attend

Facility managers, plant engineers, architects, contractors, estimators, builders and others concerned with proper preparation and/or evaluation of renovation estimates


Continuing Education Credit Eligibility

Approved for Continuing Education Units by the Association for the Advancement of Cost Engineering (AACE) International Certification Board Continuing Education Units:
AACE: 12 hours, 1.2 CEU’s


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